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20121129
20121207
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CNBC 24
CNNW 3
CSPAN 3
CSPAN2 2
MSNBCW 2
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KGO (ABC) 1
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Search Results 0 to 40 of about 41 (some duplicates have been removed)
CNBC
Nov 29, 2012 11:00pm EST
," welcome to cramerica. my job is not just to entertain you, but educate you. call me at 1-800-743-cnbc. we interrupt this broadcast to bring you actual news. with the averages hanging in there. dow, nasdaq climbing, you couldn't help but see some stocks are actually at last transcending the gravitational pull of washington, apple, google and amazon. just today gaining at the close of the market. look, i'm as aggravated as you are about the lack of progress over the fiscal cliff. is there progress? is there no progress? are the democrats giving? have the democrats given? the only thing given that i know is the tablet. that's what i want to spend a moment on while we bemoan the farce that is washington. one of the worst aspects of this era where we have to hang on every word of people who frankly aren't actually trying to make us any money, and if anything want to take it from us, is there are companies doing amazing things, so tonight in the interests of some companies that are doing great things that can make you money, i want to celebrate the products of three terrific companies as well a
CNBC
Nov 30, 2012 6:00pm EST
to cramer. i'm just trying to save you money. my job is not just to entertain you but educate and teach. call me at 1-800-743-cnbc. dow gaining four points, nasdaq slipped .06%. we can talk all we want about what's going to happen next week in terms of earnings, stocks. and we will. but this time our game plan begins oddly and strangely on a sunday. sunday when the treasury secretary of the united states of america will be on "meet the press addressing the fiscal cliff situation. as a student of secretary geithner who has studied every move i believe he will report we are going to avoid falling over the fiscal cliff and get deal. in part because the two sides aren't that far apart. they sound like they are but they may not be. both sides recognize that we will be in a recession very quickly, maybe even as soon as the second quarter. if they don't compromise. so listen to me. the tax hikes are so severe. [ audience boos ] >> the spending cuts, particularly the cuts to the military, are so draconian even some republicans who think a compromise is a total betrayal, they fear the economic c
CSPAN
Dec 6, 2012 12:00pm EST
owned by the career education corporation, one of the major league for-profit colleges. his parents didn't have the means to pay for his education but helped him out by cosigning the loans. now the student and the parents have $103,000 in student loan debt. one of the loans has a 13% interest rate, and the balance continues to rise. this young man, young man would like to finish his degree but he can't afford to. he can't borrow any more money. he is too deeply in debt. how about that for a dilemma? $103,000 in debt, no degree. he can't borrow the money to get a degree. many of these students find out these for-profit courses they took are worthless. they don't transfer anywhere. the diplomacy themselves turn out to be worthless and many employers just laugh at them. you would never know that from the advertising these for-profit schools engage in. i had a group of students in my office this morning. they were from archbishop carroll high school, not too far from the capitol here. they are students who know a little bit about being wooed and enticed by colleges, universities. we talked a
CNBC
Dec 6, 2012 1:00pm EST
with manufacturing that have left the u.s. not necessarily people but the education stops producing them. >> that's sad. how do we get that back? sbl well, it is a concerted effort to get them back. with this project that i've talked about where we will do a mac in the united states next year? i think this is a really good another step for us. the consumer electronics world was really never here. so it is not a matter of bringing it back, it is a matter of starting it here. >> good morning. thanks for joining us here. >> reporter: while steve jobs liked to avoid the spotlight, he also thrived on it. it was as if he was selling products that were pieces of his own soul. he was inventor, pitchman and new wave pid piper all in one. big boss coming through. big boss, people. look alive. >> reporter: tim cook is just a different guy. while he believes in the almighty product just as much. >> how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never qu
CNBC
Nov 28, 2012 11:00pm EST
. welcome to "mad money" welcome to cramerica. my job is not just to educate you but to entertain me. call me at cnbc. believe it or not, i actually used to be a mountain climber. drove my mother crazy but i loved it. always had the best gear. climb up from whatever abyss faced me. which is why i'm donning the finest mountain-climbing attire i can get my hand on because i now believe that we may very well go over the fiscal cliff come january and i want to be ready to climb back out with the right stock after it happens. you can't come from a given day like today, dow 107 points, hey, happy days are here again, right? this is a day where my equipment felt a little -- felt a little superfluous because we had all sorts of happy talk for a bunch of people in washington about how compromise was within reach. however, i think it's been increasingly apparent that we actually may not get a deal in time for the january deadline. something warren buffett pointed out. who am i to disagree. you don't need to change your philosophy just because we cliffed you. long term it might not matter. not all of
MSNBC
Dec 4, 2012 7:00am PST
more spending on education and health care lessen spending on weapon systems. that's kind of the big picture. and whether it's nurture or nature, who cares. the idea is that women really need to be at the table and we need to be at the table in large enough numbers that the perspective that women do bring to the table will be heard and will have an impact. >> on the surface, it's hard to disagree with that. but in practice i'm wondering if it's that easy. obviously the idea is to get the best person possible and i'm wondering if it's realistic when you factor in who actually wants to be in public service, who can get confirmed, sort of who is in that pipeline. are there enough women even in the pipeline at this point? >> i don't think there's any question that there's enough women in the pipeline. you know, there are just so many women out there and we may not know their names, you and i. the public may not know their names but clearly women have been entering the pipeline since the 1970s. there are highly competent excellent public servants that are out there and whether they are kn
MSNBC
Nov 30, 2012 3:00am PST
garrity and me why we're wrong. >> educate them. >> please educate them. >> where do i start? jim makes a curious point. i'm not entirely sure what reporting he's basing his opinion about the president on, that he wants to see the country go off the fiscal cliff and into recession. there's nothing private or public that this president or his senior aides have said which suggests that's the case. now, it may be that there are some in washington who think there are some political advantage maybe on both sides. i don't think -- >> could the president -- >> the senior leadership. >> -- be overconfident that their knees are going to buckle and they're going to cave as we get closer to the fiscal cliff? could that be a possibility? >> sure, they think the trump card in this is they can let all the bush tax cuts expire. but what you've seen in this so-called first offer is really just a risk statement of everything the president's previously said. while we're doing this kabuki around the negotiation, is this the first offer? are they trying to prompt the republicans to make the first offer? wh
CSPAN
Dec 4, 2012 9:00am EST
, fundamental rights of parents to direct the education and the upbringing of their child with h special needs. this could result in forcibly transferring a disabled child from the home to government-run schools if these unelected, unaccountable bureaucrats deem it necessary, even if the senate puts reservations into this treaty." i ask that this letter -- i have two letters i'd ask that would be made a part of the record at this point. that is one of the other once coming from the concerned women of america. i ask that they be made a part of the record at this point in the journal. ferraro ithe presiding officer:s there objection? without objection. mr. inhofe: i have been an advocate of human rights around the world, ensuring that the world is accessible to those with disabilities. however, i do not support the cumbersome regulations and potentially overzealous international organizations with anti-american biases that inch - that infringe upon american society. you know, if we had not passed what i consider to be the gold standard of the disabled world when we passed -- and i do remember at
CSPAN
Dec 6, 2012 7:00am EST
, gosh. i would lean towards jeb at this piont because he has really been pushing education. right now, he's got me. host: stephen, who did you vote for in 2008? in 2012.ean caller: i voted for president obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by
CNN
Dec 4, 2012 8:00am PST
education impacted, for example, in south dakota. so these governors are very concerned about what these numbers could mean for them if lawmakers here in washington do not get a deal done. it's very real. you could see everything from defense to education impacted if a deal isn't done. >> all right, dan lothian, thank you. i like that governor fallin mentioned they have ideas to save money and create efficiencies. perhaps it's the governors to the rescue in this fiscal cliff crisis.lothian, thanks so much that. ose. citracal slow release. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. the rescue in th
CNBC
Dec 5, 2012 11:00pm EST
research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. ♪ ♪ >>> at times, i know it can feel like the entire world is stacked against you in this game. >> the house of pain. >> europe's in a nasty recession, united states could be on the verge, well, of returning to the great recession because our leaders can't rise above and agree on anything. and china's still struggling to get their act together and beat their own slowdown. although the communists seem to be doing a pretty good job of breathing new life into their economy. look at that market last night. when you take a global view, all right, things stagnant. but there are still some bright spots out there. and believe it or not, one of the brightest is mexico. that's right. mexico has been getting its act together, industrial and automobile production south of the border are on the rise. and they're growing gdp faster than we are in the united states, much faster. just two days ag
CNBC
Dec 3, 2012 1:00pm EST
investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. that makes watching tv even better. if your tv were a hot dog, zeebox would be some sort of fancy, french mustard. just like adding fancy mustard to a hotdog makes you go "woah!," zeebox adds video, info, and playalongs to spice up your favorite shows. download zeebox free and say "woah" every time you watch tv. >>> we have a big week for the bond market. we have key auctions all throughout the week. then the big jobs report on friday. you might expect some volatility. rick san tell sli tratelli is t action at the cme. >> the fed meeting most likely will show us that operation oliver twist turns into operation i love treasuries. probably more treasury buying. if you look at a two-day -- i picked two-days because i think it sends the point home -- we've escalated up just a bit on yields you see on right side of the chart. remember we had a three-year week ism headline, three year weak in terms of the employment index right before we get
CNBC
Dec 5, 2012 5:00pm EST
achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. >>> no fiscal cliff deal without raising taxes on the rich. that's what treasury secretary timothy geithner told steve lease son. steve joins us from the white house with more on this. >> melissa, thanks very much. interesting comments from the treasury secretary who laid out the negotiating position of the administration in ways that it hadn't before, at least not explicitly as they had. what i want to play here is the sound from the interview and i'm going to put my question in there too just so you understand exactly what the treasury secretary was responding to when it comes to the position of the administration on walking away or letting the country go over the fiscal cliff without tax hikes for the wealthy. here it is. >> i want to underst
CNBC
Dec 5, 2012 4:00am EST
into education, into science, into infrastructure as well and he'll be talking about the infrastructure initiatives including more must be for small to medium size businesses, more money for power stations as well. but it really looks like he's got very little room for maneuver. the opposition, he'll get that and say this is your fault, these are your policies. mr. osbourne will turn around and say look what's turning around you. look what's going on in the financial sector. look what's going on in the eurozone as well where unemployment is actually on the surface much worse than it is in the united kingdom. so it's going to be the usual ding dong battle of theatre. but i doubt we'll see many new initiatives that haven't been leaked already, ross. >> yeah, you only have to read the papers today and everything seems to be in there. i think you've done a very good two and a half-minute analysis of everything we might get. well-done. we'll come back to you later. get a cup of coffee, stay warm. julian joins us with his own thoughts. steve got into all the details. he's laid it all out for
CNBC
Dec 6, 2012 6:00am EST
shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ female announcer ] introducing u the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> avoiding the cliff or g
CNBC
Nov 30, 2012 9:00am EST
with this move. maybe his views leading him to democrat support have to do with education or the supreme court or gun control or foreign policy. not everybody is a single issue voter. >> no. not everybody is and, you know, give him the benefit of the doubt. let's give him the benefit of the doubt. take a step back. the issue is whether it's warren buffet worth 50 million pointing down at us and saying, hum. maybe the threshold should be 500,000 instead of 250,000. i don't know about you. but when i see the automatic pilot, and thank god it is for the business community to have accountants, mr. buffet doesn't do his own taxes. i doubt mr. senegal does. they all know this and they operate in a world where they preach to us what they believe is a middle class friendly gospel. but they don't really believe it. >> rick, this argument presumes that mr. senegal voted for the special dividend this year based on his own pocketbook. there are still millions of shareholders -- >> i'm not saying that at all. i'm saying that if you really believe, listen, if it was me, if it was me, i would take that money
CNBC
Dec 3, 2012 6:00am EST
a big difference. so our people are looking at it, we're helping them, we're educating them, but i think decisions are going to be held on how we're going to handle it until after all the rules have been released. >> it would make a big difference because you have so many seasonal workers for 90 days versus the year? >> yeah, just overall cost. as you look at the turnover and all the rest of it, it's going to make some difference to us. there's a 30-hour limit, but there's been some discussion as to whether or not that could be 35. 35 would clearly be better. so i mean, there's just a lot of these rules that are yet to be written and i think they're going to have a big impact on how people are going to approach it. >> so, patrick, let me try to take this from a difference direction from a democratic perspective. i'm not trying to be difficult. but there are two ways to look at the mandate that goes with the employees. one s a burden on business. the other is it's an opportunity for business to attract and keep employees, particularly in seasonal jobs that are difficult to fill. is there
CSPAN
Dec 4, 2012 5:00pm EST
contribution. >> let me ask you one specific question to educate myself as i report on this. your proposal you put forward, more revenue than the president, what about the actual trigger for some of the capping of those deductions, limiting those deductions? is it the $250,000 mark? >> we convert to an 18% credit rather than putting an overall cap on deductions, which governor romney had proposed in the campaign. and i tell you, the reason we did that, having considered it, and bill is one of the leading experts in the country on this question, if you limit deductions, it has a differential effect, particularly on charitable contributions, because for high income taxpayers, that cap on deductions will be eaten up by state and local income tax deductions and what you're doing is socking it to the charitable sector by putting a hard cap on deductions. we thought it was better to equalize the rate by going to a credit system. middle class and higher income people all get 18% deduction rather than a millionaire getting 35 cents on the dollar for a dollar of mortgage interest deduction versus a tea
CNBC
Dec 4, 2012 3:00pm EST
teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back. i'm here outside the new york stock exchange because in a little while, they're going to be lighting the tree. i'm with ivanka trump. she's going to be lighting the tree and ringing the closing bell today. she's the executive vice president of development and acquisitions at the trump organization. good to see you. >> thank you. >> what an exciting day for you to be here. tell me why you're here and some of the charities you're involved with as you get ready to ring the closing bell on tree lighting day. >> i teamed up for the second year for cookies for kids with cancer. we're actually raising money for holiday bake sales.
CNBC
Dec 6, 2012 6:00pm EST
of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. that makes watching tv even better. if your tv were a hot dog, zeebox would be some sort of fancy, french mustard. just like adding fancy mustard to a hotdog makes you go "woah!," zeebox adds video, info, and playalongs to spice up your favorite shows. download zeebox free and say "woah" every time you watch tv. >>> if you believe the housing recovery is here to stay, take a look at lumber liquidators, ll for you home gamers. we're big fans of housing related here on "mad money." it's a major retailer of hardwood floors. the kind of thing you buy to spruce up your home or building a new one. lumber liquidators has been on a huge run, about 200% since the beginning of the year, but pulling back over the last month, now about six points off of the high, in part because you have to believe people are ringing the register at the fiscal cliff so they can pay a lower capital gains rate. there's another reason
CNBC
Dec 6, 2012 7:00pm EST
schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. sponsored report gave a full endorsement that more liquid natural gas exports will help our economy and more shale oil and gas production will make us energy independent. question, will the epa keep its snout out of this great breakthrough energy process? here now to tell us is john hoffmeister. john, what's this take on the liquefied natural gas? i didn't even know there were constraints on their exports. >> well, the department of energy has to grant permits to economies that would seek to export natural gas. the study that came out was not an endorsement by the department energy, not yet. it was a third-party report analyzing the situation. it will now go into public discussion. the department of energy hasn't really taken a position yet opt report. but here's the reality. this is buried treasure, larry, this is buried treasure in this country, natural gas, i mean, that could be the stimulus that this economy has been loo
FOX News
Dec 3, 2012 6:00am PST
and animals. educators and animal care staff were at the attraction when this happened and immediately connected with the family. seaworld is a great place. lots of fun to go. arthur aidala, fox news legal analyst and andrew smiley, personal injury attorney. welcome to you. you go to the feeding zoo and hold your hand really flat so your fingers don't get nibbled but sometimes your fingers get nibbled. andrew. is this a big deal. >> it is a big deal. martha: why? >> seaworld have to be concerned about moving forward. dolphins are a wild animals. she is lucky she didn't get her bite and didn't lose her hand or face after you look how. children are lined up on the rail. dolphins can jump up. it is dangerous. they need to set it up in a way to protect the people injured. martha: you buy the ticket, decide whether or not you will stick your hand down to feed the dolphins. you don't have to, right? >> anytime we engage in these type of activity there is ask always a risk. this october i went with my family and little kids and we went apple picking. there were bees everywhere. children have
Current
Dec 6, 2012 6:00am PST
the pentagon wants and that will make us three. and that cut back on things like education and scientific research and somehow we'll have a stronger future. none of those things make any sense. at the core of the ryan approach, and he is representative of the dominant republican point of view now, is that you are on your own. it is an ayn rand kind of deal. if you are well off and can afford private school and you can give in a gated community, that's the way it ought to be and all of us ought to strive for that, but the fact is when this country has done well, we have had policies that have given the middle class an opportunity to succeed, and it takes a public/private partnership. >> stephanie: yep. representative, how do you see this playing out and how about the bill for the middle class tax cuts in the house? what is going to happen? >> they are going to cave. we just don't know when. they have to. because they are in this bizarre position of resisting having tax rates go down for 98% of the american people only because they insist on having them go down for th
ABC
Nov 29, 2012 1:40am PST
to state coffers. while most think lotteries fund education, 12 of 44 states use the money solely for that. back in tallahassee, the machines that hold our fate were locked up in a vault. as the sun set on the luckiest place in texas they kept coming. right up until sales stopped just an hour before the big drawing. >> take a look at tonight's numbers. >> reporter: when so many dreams were put to bed. i'm ryan owens in texas. >>> well, for the first time we are hearing from general david petraeus himself about his affair with paula broadwell. petraeus says his wife holly has not kicked him out despite the enormous difficulty he created for her by having the affair. he says resignation of head of the cia was the right thing to do. >> nice save. >>> another key republican lawmaker is challenging the possible nomination of susan rice as the next secretary of state. senator susan collins of maine emerged from a 90-minute closed door meeting with the ambassador voicing some new criticism of her initial account about libya. secretary of state clinton and president obama meanwhile are continuing
CNBC
Nov 29, 2012 9:00am EST
in motion currency trading tomorrow 5:30 p.m. eastern. one more sleep. if you want more education about currencies, go to currency class at moneyinmotion.cnbc.com. >>> still to come, republican senator rand paul of kentucky. he will not budge on the northwest tax pledge. we'll find out what he is willing to compromise on to rise above. >>> house speaker boehner and other leadership members meeting with treasury secretary geithner this morning. boehner expected to hold a news conference after about 11:30 eastern. within the next 35, 40 minutes. we will bring that to you live on cnbc. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. so anyway, i've been to a lot of places. you know, i've helped alot of people save a lot of money. but today...( sfx: loud noise of metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) awhat strange place. geico®. fifteen minutes could save you fifteen perce
Current
Dec 3, 2012 6:00am PST
of 2008 when the angry men of fox news were attacking a smart, well-educated woman for not being patriotic and loving her country. although this it is not michelle obama, it is susan rice. we've watched people go after rice like she's a rabid apologist for extremists or on the side of those who set out to kill our libyan ambassador. susan rice is not the trouble. >> it is very troublesome. >> stephanie: they already have all of the answers. all right. now we have those answers. answers are even more troubling. [ ♪ hypnotic ♪ ] >> stephanie: oh boy. "the daily caller" -- [ ♪ "world news tonight" ♪ ] >> but we love john kerry. john kerry would make a great -- >> stephanie: john kerry is a jim-dandy idea. "the daily caller" -- black history attack. it brings us -- the attacks against u.s. ambassador to the u.n. temperament had been so subtle as to obscure their illegitimacy. "the daily caller" rode into the rescue with a scoop about dr. rice's collegiate effort to africate your student. it talks about the impor
CNBC
Dec 5, 2012 9:00am EST
currency trading on fridays 5:30 eastern and if you want more education about currencies, go to currency class@money motion.cnbc.com. >>> a bigger than expected slide in the past week down by 2.4 million barrels. crude supplies fell by 2.4 million barrels. 7.9 million barrels was the rise in gasoline inventories. then we are also looking at fuel supplies that were up by 3 million barrels. up by 3 million barrels. we are looking right now at a sell-off in the oil market. we're still holding above the $88 mark for wti crude futures. we're also looking at lower prices for gasoline because of that huge build we saw and higher prices for heating oil. a proxy for diesel fuel and reflecting the distillate fuel supply number. bigger builds than were anticipated for gasoline and a bigger decline than was expected for crude supplies. send it back to you. >> thank you so much. when we come back, deal making in a post-fiscal cliff world. faber has an exclusive interview with the ceo of investment bank moelis and company. more in just a moment. >> announcer: the holiday season is here and that means
CNBC
Dec 6, 2012 9:00am EST
in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> it is interesting to zero how -- the guidance is below street consensus and looks immediately through it because they think you are sandbagging that guidance. so walk us through the deceleration in same store sales growth. why are you giving this forecast? is it capacity issues? what is behind the slowdown? >> i don't think it's really capacity issues for us at all. i think we have great product in the store right now. we definitely lost some momentum in the middle, or the beginning of the quarter in november. where we had some technical issues with our product notifications, which we send out to guests, so we weren't driving traffic to our stores
CNBC
Dec 4, 2012 9:00am EST
more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> house republican leaders making a counteroffer that was rejected by the white house yesterday. the proposal calls for $800 billion in increased tax revenue over the next decade which is half of what the president proposed in his plan. it does not include higher tax rates for the wealthy which is the central issue dividing the parties. we're joined by majority whip kevin mccarthy joining us from the hill. good to have you. good morning. >> thanks for having me. >> a lot has been made over whether or not you're trying to sell this as a bowles endorsed plan. are you? >> we're not trying to sell bowles but he talked about this frame work before the super
CNBC
Dec 5, 2012 6:00am EST
. and his point is there needs to be an education process -- >> i don't pre-judge the choices people make, right? you can make the decision that you want universal health care. >> you need to know -- >> here's what it looks like, what it costs, and obviously the discussion we never have is the opportunity cost, as well. and something that economics -- >> and i asked steny hoyer that question for a reason, you know how the house works. and rick, i'll say this to you, you can tell those guys in the house until you're blue in the face that i won the election and i made it about higher taxes and that still doesn't mean they have to -- you need those guys to pass the law, right? >> that's right. that's right. >> they got elected too. >> the saddest part. the saddest part is that people as smart as the people around that table up there would think that they're going to get the answer of what's truly best for the long-term health of this country by polling. that's why we're not really a democracy -- democratic republic, we're a republic! >> once again, if you -- >> do you want to get hit on the
CSPAN
Dec 5, 2012 8:00pm EST
in education, including investment in infrastructure, including investment in innovation to grow our economy which in turn will help our deficit situation as the economy grows. without raising any taxes. but the fact of the matter is i know the gentleman has historically not felt tax cuts should be paid for either by reducing it or offsetting. the president doesn't agree with the $800 billion because he doesn't think the math works. i share the president's view. the math doesn't work. the most useful effort will be if we all agree on the onive -- objective, whether it's $4 trillion, whether it's 70% debt to g.d.p. ratio which most economists or a little less than that is sustainable or is on a sustainable path. if we all agree with the objective and then, mr. majority leader, simply make the math work to get there on a way that we could agree on, i think america would be advantaged, the economy would be advantaged and we'd see a renaissance of job creation in this country as we did in the 2000's. and i'll be glad to yield to my friend. mr. cantor: i accept the gentleman's good intentions. i
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